Coinlist ICO - Braintrust Public Sale

The first decentralized talent network that connects highly skilled tech freelancers with the innovative companies in need of their skills

a year ago   •   4 min read

By Hugo

The first decentralized talent network that connects highly skilled tech freelancers with the innovative companies in need of their skills

Braintrust Launches BTRST Token to Decentralize Ownership, Control, and Governance on the Braintrust Network.

Token sale on Coinlist

The first decentralized talent network that connects highly skilled tech freelancers with the innovative companies in need of their skills

Option 1 Sale: Sept 9, 17:00 UTC
Option 2 Sale: Sept 9, 23:00 UTC
Reg Deadline: Sept 7, 11:59 UTC

About Braintrust

In a world where corporations grow richer and richer by sharing less and less of the value their workers help to create, Braintrust is the first decentralized talent network enabled by a blockchain token that aligns the interests of both talent and enterprises. The community that relies on Braintrust to find work are the same people who build and benefit from it, ensuring the network always serves the needs of its users, instead of a centrally-controlled corporation. Unlike other marketplaces that take 20% to 40% of talent earnings, Braintrust allows talent to keep 100% of earnings and enables clients to make their budgets go further by cutting out the unnecessary middle men.

Braintrust | The First User-Owned Talent Network
Braintrust is the new model for how work gets done. We connect organizations with top technical talent to complete strategic projects and drive innovation.

Sales detail

  • Option 1 – $0.996 / 3-mo linear release starting around Oct 20, 2021

September 9, 2021 at 17:00 UTC. Purchase Limits is $500 max.

$0.996 * 9,000,000 = $8,964,000 | $8,964,000 USD / 500 purchase limit = 17,928 available to purchase

  • Option 2 – $0.664 / 6-mo linear release starting on / around Oct 20, 2021

$0.664*3,500,000 = $2,324,000 | $2,324,000 USD / 500 purchase limit = 4,648 available to purchase

Quiz

Before you can participate, test your knowledge of Braintrust Option 2 with a quiz

  1. How many tokens are allocated to the Option 1 and 2 sales?
    Option 1: 9,000,000 ; Option 2: 3,500,000
  2. What is the sale mechanism for the Braintrust sale?
    Users in the waiting room for the sale will be given a random spot in the queue when the sale starts. Users who arrive after the sale starts for the sale will be placed behind those in the waiting room
  3. What is Braintrust built on?
    Ethereum
  4. What type of platform is Braintrust?
    Talent network
  5. What currencies are accepted for payment in the sale?
    BTC, ETH, USDC, USDT
  6. What is the price per token and max purchase for the sale?
    Option 1: $0.996 per token, $500 limit. Option 2: $0.664 per token, $500
  7. What will happen if someone submits a purchase but doesn't complete it?
    The user's purchase may be cancelled and the user may be banned from future CoinList sales
  8. Where will I be able to participate in the token sale?
    CoinList.co
  9. What happens to a user who uses bots or abuses the Queue-It system?
    The user's account will be terminated and all purchases will be cancelled

Braintrust Option 2 - Registration complete

Token Economics

Ownership and governance in the Braintrust Network is represented by the BTRST token. The BTRST token is used as an incentive to reward the Braintrust community for building the decentralized network, inviting and vetting talent, and referring clients.

The BTRST token launched on the Ethereum mainnet on September 1, 2021 using the ERC-20 standard. It has a fixed supply of 250 million tokens, meaning the total number of tokens in circulation can never surpass that amount.

BTRST - The Braintrust Token | Braintrust
Ownership in the Braintrust Network is represented by the BTRST token, which rewards our community for building the network. Learn more about BTRST.
Segment Allocation (% of total supply) Release Schedule
Community Incentives and Rewards 54% > Unlocked at network launch in Sept 2021 and distributed over time in accordance with community incentive and reward programs
Early Contributors 19% > 4 year release
> 1 year cliff, then monthly release starting on / around  Jan 1, 2021
Early Token Purchasers 22% > 2 year release
> 1 year cliff, then monthly release starting on / around Sept 1, 2021
CoinList Sale 5% > Option 1 Sale: 3 mo linear release starting on / around Oct 20, 2021
> Option 2 Sale: 6 mo linear release starting on / around Oct 20, 2021

Token Use Cases

  • Governance

BTRST token holders can discuss ideas for improvements, propose changes and vote on governance proposals. Each token represents one vote and anyone that holds BTRST can propose changes to the protocol such as fee structure, category expansion and product improvements. Users must hold BTRST to propose and vote.

  • Bid Staking

Talent and clients can stake tokens to stand out. For example, if a talent stakes tokens on a job and is then a “no-show”, those staked tokens may be forfeit to the client.  Additionally, if a client stakes tokens on a job posting, all qualified applicants will earn tokens in the event the client doesn’t select one of the applicants for the job. Token bid staking helps “un-stick,” or reduce friction, in the marketplace, emphasizing transparency by addressing mismatches of supply and demand.

  • Career Benefits

Users can also earn tokens by taking courses on Braintrust Academy where they can take courses ranging from Web 3.0 to becoming a senior product manager. This enables talent in the Braintrust network to uplevel their skills, earn certifications and increase their earnings over time.

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